Bitumen Price ₹44-54K/MT VG 30 40

Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

Check petroleum product prices: bitumen VG 30 ₹46-52/kg, VG 40 ₹48-54/kg, fuel oil ₹45-55/kg, base oil ₹85-140/kg. IOC BPCL HPCL supplies. Bulk tanker delivery for road construction and industrial use.

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Bitumen VG30 Drum

Imported

EX - Kandla

₹38,600/MT
0 %18 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT
0 %18 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

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EX - Mundra

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Bitumen VG30 Bulk

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EX - Mathura

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Bitumen VG30 Bulk

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EX - Karwar

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Petroleum Products Market

India is the third-largest consumer of petroleum products globally with demand exceeding 220 million tonnes annually. The country has a refining capacity of over 250 million tonnes through PSU and private refineries.

Key petroleum products include fuels (petrol, diesel, ATF), feedstocks (naphtha, LPG), and industrial products (bitumen, lubricants, fuel oil). Pricing follows international crude oil movements with varying degrees of government control across products.

Industrial Petroleum Products

Major industrial petroleum products include:

Bitumen: Used in road construction and waterproofing. Available in VG 10, VG 30, VG 40 grades and modified variants.
Fuel Oil: Industrial heating fuel for boilers and furnaces. Available as FO, LSHS, LDO.
Lubricants: Industrial oils for machinery including hydraulic, gear, compressor, and specialty oils.
Petroleum Coke: Solid fuel and anode material for aluminum smelting.

Energy & Petroleum FAQs

What's bitumen trading at per MT?

Bitumen prices by grade - VG 10 is ₹44000-48000/MT VG 30 runs ₹46000-52000/MT and VG 40 is ₹48000-54000/MT. Modified bitumen (PMB and CRMB) costs 20-30% more. IOC BPCL and HPCL set prices fortnightly based on crude oil. Road contractors typically buy in bulk tankers.

Which bitumen grade should I use for roads?

VG 30 handles most Indian roads perfectly - works well in our tropical climate with moderate traffic. Go with VG 40 for heavy-traffic highways and airports where the pavement takes more stress. VG 10 is for cold regions and spray applications. For expressways and bridges with heavy truck loads you'll want modified bitumen (PMB or CRMB).

What's fuel oil running?

Furnace oil (FO) costs ₹45-50/kg LSHS (Low Sulphur Heavy Stock) is ₹50-55/kg and LDO (Light Diesel Oil) runs ₹70-80 per liter. These follow crude oil with about a 15-day lag. Used mainly for industrial boilers furnaces and backup power in manufacturing plants.

Base oil pricing?

Base oil varies a lot by grade - Group I SN150 is ₹85-95/kg Group II runs ₹95-110/kg and Group III synthetic base is ₹120-140/kg. Lubricant blenders buy these to make finished products. Available from both refineries and importers depending on the grade.

How do petroleum product prices get set?

They follow crude oil (Brent/Dubai basket) plus refining margin taxes and freight. Oil marketing companies (IOC BPCL HPCL) revise industrial product prices every fortnight. Retail fuel prices change daily now. For bulk industrial purchases rates are negotiable based on volume and relationship.

What paperwork do I need to buy bitumen?

You'll need GST registration and a purchase order for credit terms. Provide vehicle details for delivery coordination. Bulk orders may need advance payment or an LC arrangement. You'll get a quality certificate showing the VG grade penetration value and softening point with each delivery plus a weighment slip.

How do I buy petroleum products in bulk?

OfBusiness handles bitumen fuel oil base oil and lubricants from IOC BPCL HPCL and private suppliers. We arrange bulk tanker delivery with proper quality documentation. Get quotes from multiple suppliers and compare - volume discounts are common in this space.

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Bitumen Price Today ₹44000-54000/MT | Fuel Oil Base Oil Rates

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Energy & Petroleum Most Viewed Prices

Bitumen VG30 Drum

Imported

EX - Kandla

₹38,600/MT0 %18 hours ago

Bitumen VG30 Bulk

Imported

EX - Pithampur

₹47,000/MT0 %18 hours ago

Bitumen VG30 Bulk

Imported

EX - Mangalore

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Bitumen VG30 Drum

Imported

EX - Mundra

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Bitumen VG30 Bulk

Imported

EX - Mathura

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Bitumen VG30 Bulk

Imported

EX - Karwar

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USA Crude Oil Stocks Jump 16MM Barrels Week on Week

Oil Prices Tumble as Crucial U.S.-Iran Talks Begin

Will Brent crude oil price stay above $70 in 2026? Analyst shares outlook

Crude oil futures fall on weak global cues

Iran Rushes to Ship Oil Ahead of Possible U.S. Strike

The Commodities Feed: US-Iran talks today key to oil price direction

Crude Oil Rebounds on US-Iran Tensions

Oil prices steady ahead of US-Iran nuclear talks; EIA data shows hefty stock build

Saudi Arabia, Iran Boost Oil Exports amid Rising Mideast Tensions

Crude oil futures gain on supply concerns before US-Iran talks

US Crude Oil Inventories Rise Most in 3 Years

Biggest Oil Cos Need to Find 22MM Bpd by 2040

Can India Continue Buying Russian Oil? US Supreme Court's Tariff Ruling Relieves Trade Pressure

Fuel price update: City-wise petrol, diesel and LPG rates for Feb 25

OPEC+ To Consider Oil Output Hike By 137,000 bpd For April

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Oil analysts say there is a supply glut — why that hasn’t translated to lower prices this year

Crude Volatile Ahead Of Iran Talks

Russia and Iran Slash Oil Prices to Secure China Market Share

The Commodities Feed: Oil prices gyrate amid Iran uncertainty

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Nashik’s Sinnar Villages Grapple With Water Shortages Over Power Debts
2
4

Hyderabad green government building rises
12
1

Altman defends artificial intelligence energy use compared to human training
1
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SCCL Eyes Coal Bed Methane Exploration in India
3
7